ODOUS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ODOUS
Largest movements
- Intangible fixed assets -€75,714
down €75,714 (-100%), from €75,714 to €0
- Cash +€37,950
up €37,950 (+35.9%), from €105,789 to €143,739
mainly Depreciation (+€77,543) and Net result for the year (+€15,517)
- Receivables within one year -€7,196
down €7,196 (-37.1%), from €19,400 to €12,204
of which Other amounts receivable: -€8,496
- Deferred charges and accrued income +€2,182
new in 2025: €2,182
- Debts after one year -€33,444
down €33,444 (-100%), from €33,444 to €0
- Current portion of long-term debt -€15,898
down €15,898 (-32.2%), from €49,343 to €33,444
- Profit (loss) carried forward +€15,517
up €15,517 (+23.1%), from -€67,201 to -€51,684
- Tax, wage and social debts -€3,511
down €3,511 (-55.8%), from €6,296 to €2,785
of which Remuneration and social security: -€5,088
- Trade debts -€2,804
down €2,804 (-47.5%), from €5,902 to €3,097
- Staff costs -€19,366
down €19,366 (-47.5%), from €40,728 to €21,362
- Gross operating margin +€15,699
up €15,699 (+15.2%), from €103,065 to €118,764
- Financial charges -€2,021
down €2,021 (-59.3%), from €3,409 to €1,389
of which Financial charges: -€1,043
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,110 | €170,316 | -€42,793 | -20.1% |
| Fixed assets | 21/28 | €78,336 | €2,607 | -€75,729 | -96.7% |
| Intangible fixed assets | 21 | €75,714 | €0 | -€75,714 | -100% |
| Tangible fixed assets | 22/27 | €2,622 | €2,607 | -€15 | -0.6% |
| Plant, machinery and equipment | 23 | - | €1,362 | +€1,362 | |
| Furniture and vehicles | 24 | €2,622 | €1,246 | -€1,377 | -52.5% |
| Current assets | 29/58 | €134,773 | €167,709 | +€32,936 | +24.4% |
| Stocks and contracts in progress | 3 | €9,585 | €9,585 | = | 0.0% |
| Stocks | 30/36 | €9,585 | €9,585 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,400 | €12,204 | -€7,196 | -37.1% |
| Trade receivables | 40 | - | €1,300 | +€1,300 | |
| Other amounts receivable | 41 | €19,400 | €10,904 | -€8,496 | -43.8% |
| Cash at bank and in hand | 54/58 | €105,789 | €143,739 | +€37,950 | +35.9% |
| Deferred charges and accrued income | 490/1 | - | €2,182 | +€2,182 | |
| Total equity and liabilities | 10/49 | €213,110 | €170,316 | -€42,793 | -20.1% |
| Equity | 10/15 | €110,762 | €126,279 | +€15,517 | +14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €165,563 | €165,563 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €163,703 | €163,703 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,201 | -€51,684 | +€15,517 | +23.1% |
| Amounts payable | 17/49 | €102,348 | €44,037 | -€58,311 | -57.0% |
| Amounts payable after more than one year | 17 | €33,444 | €0 | -€33,444 | -100% |
| Financial debts | 170/4 | €33,444 | €0 | -€33,444 | -100% |
| Amounts payable within one year | 42/48 | €68,904 | €44,037 | -€24,867 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €49,343 | €33,444 | -€15,898 | -32.2% |
| Trade debts | 44 | €5,902 | €3,097 | -€2,804 | -47.5% |
| Suppliers | 440/4 | €5,902 | €3,097 | -€2,804 | -47.5% |
| Taxes, remuneration and social security | 45 | €6,296 | €2,785 | -€3,511 | -55.8% |
| Taxes | 450/3 | - | €1,577 | +€1,577 | |
| Remuneration and social security | 454/9 | €6,296 | €1,208 | -€5,088 | -80.8% |
| Other amounts payable | 47/48 | €7,364 | €4,711 | -€2,653 | -36.0% |
| Non-recurring operating income | 76A | - | €89 | +€89 | |
| Remuneration, social security and pensions | 62 | €40,728 | €21,362 | -€19,366 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,486 | €77,543 | +€57 | +0.1% |
| Other operating charges | 640/8 | €1,619 | €2,657 | +€1,037 | +64.1% |
| Non-recurring operating charges | 66A | - | €4 | +€4 | |
| Gross operating margin | 9900 | €103,065 | €118,764 | +€15,699 | +15.2% |
| Operating profit (loss) | 9901 | -€16,769 | €17,198 | +€33,967 | |
| Financial income | 75/76B | €285 | €0 | -€285 | -100% |
| Recurring financial income | 75 | €285 | €0 | -€285 | -100% |
| Non-recurring financial income | 76B | €285 | €0 | -€285 | -100% |
| Financial charges | 65/66B | €3,409 | €1,389 | -€2,021 | -59.3% |
| Recurring financial charges | 65 | €2,431 | €1,389 | -€1,043 | -42.9% |
| Non-recurring financial charges | 66B | €978 | €0 | -€978 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€19,893 | €15,810 | +€35,702 | |
| Income taxes | 67/77 | €304 | €292 | -€11 | -3.8% |
| Profit (loss) for the period | 9904 | -€20,197 | €15,517 | +€35,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,197 | €15,517 | +€35,714 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.